26 Mar ATRI, OOIDA Partner on COVID-19 Impact Study The American Transportation Research Institute and the Owner-Operator Independent Drivers Association Foundation are partnering to conduct a study on COVID-19’s impact on trucking operations. Read more...
26 Mar Projections Show World Could Run Out of Places to Store Oil The world will run out of places to store oil in as little as three months, according to an industry consultant. Read more...
26 Mar Risk Remains Low for Coronavirus Transmission on Packages The CDC has stated on its website that at the moment, “there is no evidence to support transmission of COVID-19 associated with imported goods, and there have not been any cases of COVID-19 in the United States associated with imported goods,” so the concern for anything shipped from overseas is low thus far. Read more...
26 Mar Elaine Chao, Jim Mullen Honor Truckers, Update Industry Stakeholders Federal transportation leaders thanked members of the trucking industry and updated them on recent regulatory actions during a conference call March 25. Read more...
26 Mar Trucking Adapts to Spike in Consumer Demand Trucking is handling increased demand and awaits a potential surge of pent-up activity because of the coronavirus, but what that means for the industry long term remains an open question. Read more...
26 Mar Italy Shuts Most Factories to Halt Virus Italy has become the first western developed nation to idle most of its industry to halt the spread of the coronavirus, in a potential cautionary tale for other governments that are resisting such drastic measures. Read more...
26 Mar World Trade Sees Worst Downturn in Generation The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other hubs of international commerce as the U.S. and Europe struggle to contain the coronavirus pandemic. Read more...
26 Mar Senate OKs Historic $2.2 Trillion Coronavirus Rescue Package WASHINGTON — The Senate late March 25 passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic that has killed more than 1,000 Americans. Following the unanimous vote, the bill now moves to the House. Read more...
25 Mar Oil Market Fears US Running Out of Storage Space The U.S. oil market is displaying worries that stockpiles are going to run out of storage space, with futures being whipsawed as a growing glut counters economic stimulus measures. Read more...
25 Mar CVSA Postpones Roadcheck Due to Coronavirus Crisis This year’s International Roadcheck, originally set for May 5-7, has been postponed due to coronavirus concerns. Read more...